JF3192: 3 Things That Kill the Real Estate Industry ft. Luis Belmonte

Luis Belmonte is the owner of Seven Hills Properties, a group of small-time developers who have built a portfolio of $150 million over the last 20 years. In this episode, Luis discusses why he has invested so heavily in affordable multifamily housing in the Bay Area, what his secrets are for getting retail tenants, and some of the key factors that negatively affect the real estate market.   Luis Belmonte | Real Estate Background Owner of Seven Hills Properties Portfolio: Retail  Industrial Multifamily — owns and manages six apartment buildings Based in: San Francisco, CA Say hi to him at:  LinkedIn Best Ever Book: The Power Broker by Robert A. Caro Greatest Lesson: Be wary of the herd. When everyone is going in one direction, it might be time to try another.   Click here to learn more about our sponsors: CASKX Techvestor MFINCON BAM CAPITAL     Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Welcome to the Best Ever CRE Show, the world’s longest-running daily COMMERCIAL real estate podcast. Founded by Joe Fairless, a co-founder of Ashcroft Capital who went from buying $35,000 homes to controlling more than $2.7 billion in real estate assets, the Best Ever CRE Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors who want to build wealth, build a legacy, and do more good in the world. So if you want the real stories behind the good, the bad, and the worst ever deals — plus, insights into what really goes on in commercial real estate investing — you’re in the right place. Our hosts interview commercial real estate experts every day to uncover secrets and strategies YOU can use to become a better, more informed investor. This is the Best Ever CRE show.